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In the accompanying figure, item 3 points to the ____ section.
State Unemployment Tax
A tax imposed by state governments paid by employers to fund unemployment benefits for workers who have lost their jobs.
Federal Unemployment Tax
A tax paid by employers to fund the federal government's oversight of state unemployment programs.
Payroll Transactions
Payroll transactions involve the process of calculating, distributing, and recording payments made to employees for their services.
Employer's Payroll Taxes
Taxes that employers are required to pay on behalf of their employees, which may include social security, Medicare, and unemployment taxes.
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